Singapore Kitchen Equipment chairman Tan Bee Kiew resigns
CATALIST-LISTED Singapore Kitchen Equipment announced on Monday that its chairman and independent non-executive director Tan Bee Kiew has resigned due to medical reasons.
Madam Tan is also stepping down from her role as chairman of the audit committee and member of the nominating committee and remuneration committee with effect from Monday.
Based on its enquiries, the company's sponsor, CIMB Bank Berhad, Singapore Branch is satisfied that there are no other material reasons for Ms Tan's resignation.
As of Monday, independent non-executive director Lim Chee San will then take her place as chairman of the board and chairman of the nominating committee.
Independent non-executive director Ang Chiang Meng will take over as chairman of the audit committee and cease to be the chairman of the nominating committee. He will still remain as a member of the nominating committee.
Madam Tan had been appointed as chairman of the company on June 25, 2013. After her departure, the company will continue to have four independent directors currently residing in Singapore.
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Prior to this announcement, Singapore Kitchen Equipment's chief financial officer Chow Mei Ling resigned from her role on Aug 31. She cited personal reasons, as well as her intention to pursue another career opportunity, for her resignation.
Trading of Singapore Kitchen Equipment's shares has been halted since Aug 2.
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